30 04, 2019

What Would Make You Sell Your House?

By |2019-04-30T03:00:31-07:00April 30th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

There are many reasons why a homeowner decides to sell their house and move. The latest Generational Trends Report from the National Association of Realtors asked recent home sellers to share their reason for moving. The younger the respondents, the more likely their top response centered around needing a larger home (ages 29 to 53). [...]

26 04, 2019

Existing Home Sales Slow to Start Spring [INFOGRAPHIC]

By |2019-04-26T03:00:30-07:00April 26th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Some Highlights: Existing Home Sales slowed to an annual pace of 5.21 million home sales in March. Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months. Median home prices were up 3.8% over last March at $259,400. This marked the 85th consecutive month with year-over-year price [...]

25 04, 2019

Renters Paying Substantially More While Owning Costs Less

By |2019-04-25T03:00:35-07:00April 25th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over that period.” Why the difference between the costs of renting [...]

24 04, 2019

New Study Reveals One Surprising Reason for the Inventory Shortage

By |2019-04-24T03:00:53-07:00April 24th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

There has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while others claim millennials don’t want to own a home, blaming them for the dip in homeownership rate. While [...]

23 04, 2019

With Inventory Low: Will Your Dream Home Need Some TLC?

By |2019-04-23T03:00:16-07:00April 23rd, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing that the projects needed will increase their new home’s value! Realtor.com’s Chief [...]

22 04, 2019

Selling Your House: Here’s Why You Need A Pro In Your Corner!

By |2019-04-22T03:00:27-07:00April 22nd, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

With home prices on the rise and buyer demand still strong, some sellers may be tempted to try to sell their homes on their own rather than using the services of a real estate professional. Real estate agents are trained and experienced in negotiation while, in most cases, the seller is not. Sellers must realize [...]

19 04, 2019

5 Reasons Why Millennials Buy a Home [INFOGRAPHIC]

By |2019-04-19T03:00:34-07:00April 19th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.” The top reason millennials choose to buy is to have control over their living [...]

18 04, 2019

Buyer Demand Surging as Spring Market Begins

By |2019-04-18T03:00:22-07:00April 18th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade. However, according to two separate reports*, buyer demand dramatically increased over the last three months, leading into this spring buyers’ market [...]

17 04, 2019

Are Low Interest Rates Here to Stay?

By |2019-04-17T03:00:41-07:00April 17th, 2019|Jane E Daley, Luxury Valley Homes, Scottsdale real estate Arizona|0 Comments

Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week! This is great news for anyone who is planning on buying a home this spring! Freddie [...]

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